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Massachusetts · Nonprofit

REVELSINC

REVELSINC (Massachusetts) receives grants from 21 organizations whose IRS filings report $1,025,238 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($419,093). 16 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$1.5M
Funders on record
21
Grants received
$1.0M
Net assets
$1.4M
16/21 repeat funderspeak grant-dependency 14%
01What it does

What Revelsinc does

Mission

A nonprofit performing arts organization dedicated to presenting theatrical and musical productions and educational programs that brings the world's cultural traditions and celebrations to life.

As stated on its FY2025 Form 990.

Program

  1. Revels connects people of all ages and backgrounds through musical and theatrical celebrations of the world's diverse cultural and seasonal traditions. Through its educational programs and traditional song, dance, and performance, revels awakens appreciation and respect for what makes us different and recognition of that which unites us.

    $1,185,499 spent$897,864 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,185,499.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.6M) Expenses 100 ($1.6M) Net assets 100 ($1.2M)2018 Revenue 107 ($1.7M) Expenses 105 ($1.7M) Net assets 109 ($1.3M)2019 Revenue 120 ($1.9M) Expenses 116 ($1.9M) Net assets 114 ($1.3M)2020 Revenue 118 ($1.9M) Expenses 124 ($2.0M) Net assets 108 ($1.3M)2021 Revenue 81 ($1.3M) Expenses 75 ($1.2M) Net assets 117 ($1.4M)2022 Revenue 100 ($1.6M) Expenses 123 ($2.0M) Net assets 88 ($1.0M)2023 Revenue 84 ($1.4M) Expenses 85 ($1.4M) Net assets 89 ($1.0M)2024 Revenue 109 ($1.8M) Expenses 97 ($1.5M) Net assets 109 ($1.3M)2025 Revenue 94 ($1.5M) Expenses 98 ($1.6M) Net assets 117 ($1.4M)
'17'18'19'20'21'22'23'24'25
Revenue (94)Expenses (98)Net assets (117)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.7M to $1.9M (+14%).

$1.2M
$1.3M
$1.4M
$1.6M
$1.8M
$1.6M
$1.7M
$1.9M
$1.9M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 1% · 2019 1% · 2020 1% · 2021 2% · 2022 41% · 2023 7% · 2024 10% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

34% of REVELSINC’s revenue is contributions — more earned-revenue than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$31k
’17
$67k
’18
$92k
’19
−$71k
’20
$114k
’21
−$343k
’22
$10k
’23
$234k
’24
−$24k
’25
2.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Ned Gulley

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018, and between the FY2018 and FY2019, and between the FY2021 and FY2022 filings.

'17'18'19'20'21'22'23'24'25
Listed161212111111121212
Joined·+1+4+5+0+3+5+2+1
No longer listed·54603421
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 11 funders, grant income rose $58k → $141k.

5 of 21 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 57% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of REVELSINC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

REVELSINC leans on a few funders — its largest provides 41% of grant income and the top three 72%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

57% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund REVELSINC.

41%
largest funder
72%
top three
~4
effective funders

Largest funder’s share by year: 2017 78% · 2018 57% · 2019 69% · 2020 40% · 2021 30% · 2022 36% · 2023 30% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

62% of REVELSINC's funders are still giving 3 years after their first grant; 76% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

57% of REVELSINC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $445k that is directly attributable, 88% of it comes from Massachusetts funders.

NY
MA
MD
DE
NC
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $580k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

REVELSINC receives grants from 21 organizations whose IRS filings report $1.0M to it.

Operating margin−2% · below the median
Months of reserve2.9mo · below the median
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Government funding REVELSINC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $255k on record.

State$255k
17
18
19
20
21
22
23
24
25
Top programs
  • (PP) STATE AID/POL SUB$253k
  • (JJ) OPERATIONAL SERVICES$2k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like REVELSINC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 8%Fundraising 15%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for REVELSINC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds REVELSINC?
REVELSINC (Massachusetts) receives grants from 21 organizations whose IRS filings report $1,025,238 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($419,093). 16 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does REVELSINC have?
IRS filings report 21 organizations giving $1,025,238 in grants to REVELSINC, 16 of which have funded it in more than one year.
Who is the largest funder of REVELSINC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $419,093 in grants. The full list of funders is on this page.
How can an organization like REVELSINC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Revelsinc →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 21 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing